Currency Management

Mesirow Financial is a thought-leading currency management specialist delivering innovative, customized solutions to institutions globally.

About Us

Mesirow Financial Currency Management customizes solutions to suit specific client needs, ranging from passive to active currency risk management to currency alpha, as well as execution services. Our innovative solutions are complemented by a commitment to operational excellence and premium client service. With the expertise to provide objective, strategic advice, we partner with our institutional clients to implement best practice currency risk programs for their unique set of circumstances. 

As a private, employee owned firm, Mesirow Financial is free from many conflicts of interest associated with bank-affiliated organizations or publicly held firms and is fully aligned with the interests of our clients. We manage over $90 billion in currency assets for institutional clients in North America, UK, Europe, and Australia.

Mesirow Financial's Currency Management group won Asset Management's Currency Manager of the Year award in 2020 and was also named Currency Manager of the Year at the European Pensions Awards 2018 Gala in London.

Watch: Outsourcing FX Trading for Equities Managers

Mesirow's Michael Zehfuss speaks with Institutional Investor on the benefits of customizing an outsourced FX service offering. A wounded economy and the uncertainty of the Covid-19 pandemic present huge challenges for international equity managers and the complexities of FX trading are one distraction that managers can delegate to specialist banks and brokers in order to reduce risk.

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Currency Manager of the Year

Currency is one of the most significant risks for institutions investing abroad and, as more money is put to work overseas, this risk continues to grow. We are honored to have been named Currency Manager of the Year in the 2020 Asset Management Awards from MoneyAge. This award recognizes our team’s customized approach to passive and active currency risk management, currency alpha and execution services, based on their specialized expertise, capabilities and innovation. 

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Mesirow Financial Currency Management AUM Surpasses $100 Billion

Mesirow Financial announced that its Currency Management group has surpassed $100 billion in assets under management as of December 31, 2019. Currency is one of the biggest risks for institutions investing abroad and, as more money is put to work overseas, this risk continues to grow. As a result, a significant demand for Mesirow’s currency risk management services has led to a 50% increase in AUM since 2017.

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Our Solutions

Because each of our clients has unique risk and return objectives, we offer a suite of programs to manage currency exposures. Each strategy is client-specific, calibrated to strike the preferred balance between risk and reward, and be responsive to a stated benchmark. 

Meet Our Team

Our team of currency professionals has a broad depth of experience across areas of Portfolio Management, Trading, Operations and Client Management. The solidity of the team, combined with access to senior professionals, is highly valued by clients, ensuring long-standing, strategic relationships. 

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News and Views

Swaps Platform Aims to Cut Out the Banks - But Not Entirely

Joe Hoffman explains why buy-side firms are being held to a higher standard.

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Emerging Market Currency Risk for U.S. Investors

An overview that answers the most basic question: should currency risk be hedged?

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BLTs and Glitchy Wi-Fi: Lockdown Life for FX Execs

In this article, Hoffman covers the ways Mesirow Currency Management has adpated to the new normal.

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Our Partners

For over a decade Mesirow Financial Currency Management has exclusively partnered with Perreard Partners Investment in Switzerland, and Warakirri Asset Management in Australia to provide European and Australian clients with customized currency management services. Our partners provide valuable in-market expertise and deliver locally based client service to Mesirow Financial’s currency clients, while committing to the highest standards in transparency, client loyalty, and independence.

Contact Us

Have questions or need more information? Contact us at 800.453.0600 or send us a message.

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The information contained herein should not be construed as a recommendation to purchase or sell any particular security or investment vehicle offered by Mesirow Financial. The information included has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. Mesirow Financial Investment Management, Inc. and its affiliated companies and/or individuals may, from time to time, own, have long or short positions in, or options on, or act as a market maker in, any securities discussed herein and may also perform financial advisory or investment banking services for those companies.
It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Any stated performance results include the reinvestment of dividends and other earnings. Investment management services offered by Mesirow Financial Investment Management, Inc., an SEC-registered investment advisor. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.